Sold STC

£320,000

Studio Flat for Sale

Epsom Road, Sutton

£320,000

Key Features

  • Retail office/shop unit
  • Planning for a one bedroom house to rear
  • Lock up to rear
  • Investment opportunity

Full Description

Offered for sale is this unusual proposition of a retail shop in a small but busy parade of mixed use shops. The office to the front was receiving a rent Circa ?14,000 P/A until very recently. In fact only a couple of weeks ago . The tenants only left because of the upcoming sale of the property.
There is a small office area and a larger lockup to the rear that has just received planning permission for a one bedroom house to be erected in its place.
There is a flat above the shop that although is not included in sale, is part of the overall freehold interest. This has no ground rent but the lease I have been informed has 65 years remaining so there will be a not insignificant value in a future marriage value when the lease requires renewing.

This could be an ideal work live project for someone or a company. Or a buy to let investment. The present owners are a building firm and would even offer an advantageous build cost if desired.

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Energy Performance Certificates (EPCs)

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